Latest News

Back to Latest News back

 

Pronto Pilates attracts $1.64 million in crowdfunding to aid global growth plans

Pronto Pilates attracts $1.64 million in crowdfunding to aid global growth plans
November 20, 2024

Pronto Pilates, the Perth-based company that operates a virtual trainer network of Reformer Pilates studios nationally, has advised that it raised $1.64 million through an equity crowdfunding campaign to drive global ambitions for 1,000 ‘teacher-less’ studios.

Founded by Steve Anson and Emma Shelton, Pronto Pilates will use the funds to expand its current footprint which comprises 15 studios in Perth, Sydney, Melbourne, Brisbane and Adelaide, with more than 20 new locations in development.

The equity crowdfunding campaign, undertaken on the OnMarket platform, attracted 488 new investors who have backed the business model of ‘teacher-less’ Reformer Pilates classes that are run in-studio via qualified instructors on screen.

As reported by Business News Australia, Pronto Pilates has ambitions to open 1,000 studios globally over the next four years, targeting North America, the UK, Europe and Asia-Pacific.

The founders say their aim is to combine “tech-savvy solutions with expertly designed in-studio workouts making Pilates more accessible and convenient rather than just an occasional treat”.

The business leverages a low-cost model for studio members, with the classes provided on a rotating basis from 5.15am until late in the evening.

Pronto Pilates Chief Executive Anson, was quoted by Business News Australia as saying “my wife and I fell in love with Pilates back in 2022, but after paying more than $500 on classes in one week, we woke up to ourselves and realised just how out of touch and elitist Pilates is for the average person.

“Everything about Pilates is exclusionary and intimidating, from the high costs, to working up the courage to join a studio and attend classes as a beginner.

“I wanted to create an alternative that was affordable and accessible for all, leveraging my tech and business expertise to disrupt an industry that had obvious flaws. The class styles, pace, cues and moves are created with our members in mind, to give them a quality workout with little to no risk.”

Anson has welcomed the new investors to the company, among them many who have expressed an interest in buying a studio which was promoted as part of the crowdfunding campaign. Several interested parties are said to be healthcare providers who want a Pronto studio attached to their practice.

He added “we’re grateful for their investment and further validation of our business model.

“The new funds will accelerate our growth especially international markets with Singapore, New Zealand and the US on the plan for launch in Q1 2025.”

The $1.64 million equity raise is the third-largest crowdfunding raise in Australia this calendar year and the largest this financial year. It is also the second biggest for the OnMarket platform in 2024.

Pronto Pilates co-founder Shelton, an accredited Pilates instructor, noted “when Steve approached me with the idea for Pronto Pilates I was sold.

“After years of working in the industry I had always been passionate about encouraging people to adopt Pilates on a regular basis as the health benefits are astronomical, but it’s not always affordable.

“Pronto not only solves this problem but also allows me to bring my Pilates expertise to a wider audience, in a more accessible and convenient way. Developing on-screen classes means I can guide people in Pronto studios across the globe which is pretty incredible.”

Pronto Pilates offers a variety of classes that are led by fully qualified instructors on-screen, including “orientation” for first time participants, “foundation” for beginners and “open” for more advanced Pilates enthusiasts.

Shelton went on to say “we have filmed over 70 unique classes specifically designed for on-screen instruction and have these on rotation throughout an extensive weekly schedule, so you can go every day for two months without repeating a class.

“Our classes run 365 days per year, from 5.15am until late in the evening, which is a game changer, as most studios only offer a limited number of classes in the morning and evening, even less on weekends and rarely Sundays, making it difficult to fit workouts into a busy schedule.”

Image: Pronto Pilates co-founders Steve Anson and Emma Shelton.

Related Articles

15th November 2024 - One Playground to introduce Semi-Private Reformer Pilates at Urban Oasis

15th November 2024 - STRONG Pilates recognises outstanding achievements and unveils new equipment innovations

12th November 2024 - Fitness industry leaders among speakers announced for 2025 Pilates Journal Expo

5th November 2024 - KX Pilates announces expansion into Japan

1st October 2024 - Les Mills Asia Pacific launches new Pilates program

27th August 2024 - AUSactive launches its inaugural Best Practice Pilates Guideline

13th August 2024 - JETSET Pilates to launch its milestone first international studio in Melbourne

2nd August 2024 - Balanced Body distributor HF Industries destroys counterfeit Pilates equipment

15th July 2024 - Looking to expand Vaura Pilates studios continues with Hapana

2nd July 2024 - Pilates Reformers Australia launches latest Align-Pilates innovation

9th May 2024 - AUSactive seeks input in developing Pilates Industry Guidelines

10th April 2024 - Gallagher offers fitness insurance solutions for gym owners, Pilates and yoga studios and instructors

2nd April 2024 - Australia Sports Institute looks to expand franchise network of Pilates training centres

7th December 2023 - Love Athletica announces its first South Australian Pilates studio opening

12th September 2023 - Muse Pilates looks to make movement accessible for all women

23rd March 2023 - Revo Fitness commences 24/7 self-run reformer Pilates at new Perth club

13th December 2022 - Pilates specialist appointed to AUSactive Board

10th May 2022 - Combining Pilates, tone and yoga, FS8 looks to franchise expansion

4th May 2022 - Club Pilates announces New Zealand expansion

6th January 2022 - KX Pilates’ Aaron Smith explains international expansion prospects and challenges

13th April 2021 - World’s largest Pilates brand launches first Australian studios

23rd September 2020 - Pilates, strength training and yoga the most popular classes as Australians return to fitness facilities

5th January 2020 - Pilates 100-year journey to be a global fitness phenomenon


Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?

As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.

Click here to view our subscription options.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Hydrocare Pool Services

Hydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…

read more

Aquatics / Attractions / Play / Recreation / Technology

 
 

Smart Connection Consultancy

Smart Connection Consultancy is a boutique sport and recreation consultancy who has become one of Australia’s leading advocates for the use of synthetic sports surfaces as a vehicle to grow…

read more

Consultants / Recreation / Sport / Surfaces

 
 

Fun Wheels Pty Ltd

Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…

read more

Attractions / Tourism / Venues

 
 

Altitude Training Systems

ATS are global leaders in altitude training and research. From mask systems and inflatable tents to simulated altitude facilities, we help all athletes gain the competitive edge. Our…

read more

Fitness / Sport / Technology

 
 

PaySmart

Headquartered in Brisbane with an Australia-wide network of satellite offices, PaySmart is one of Australia’s largest and longest-standing direct debit billing companies. In 1996 we began…

read more

Access / Billing / Fitness / Technology

 
 
 

Active World

Since 2019, Active World's development team has been delivering a comprehensive single solution that caters to the diverse requirements of successfully operated and managed leisure centres. The…

read more

Aquatics / Billing / Fitness / Recreation / Technology

 
 

Tim Batt Water Solutions

Tim Batt Water Solutions are at the very forefront of the commercial aquatic business in Australia, with over 30 years specific experience supplying and installing chemical control and dosing…

read more

Aquatics / Environment / Recreation / Technology / Venues

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business